Looks like Neville didn't back off today. Raised the bar from 67.5 to 73.5.
He has a style of trading. 10.42.01 20K of shares in the 68-69 range - multiple trades (MT) , then at 11.19.59 10K at 70 (MT) 11.54.45 20k at 71 - 72.5 (MT) 11.59.59 14k at 73.5 (MT) 1.31 - 1.33 two trades 26K at 73 02.40.02 10k at 73-74 (MT) 03.34.39 10k at 73 (MT)
So I figure that another 100k was acquired by raising the bar to around 73.
My running total so far is about 450k acquired in the range of 60-73. I thought he would back off today, but he seems to have managed to acquire another 100k in a thin market. I am half hoping that he has a sense of urgency concerning acquisition timing.
Still a 5c (7.35%) gain on a Monday is not to be sneezed at. Long may it continue. Go Neville go, like a Caribou taking off . How deep are your pockets?
My 1st target zone (79-83) from my last chart, does not seem so far away with todays close of 73.
Just my speculations, so DYOR.
We shall see what tomorrow brings. A back-off or a further playing of games.
cheers Lies
PS Definitely better than watching planes take-off and land.
SMN Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held
(20min delay)